The global Digital Twins Market report covers the valuable data useful for the estimation of the market and comprehensive figures of the key players along with their growth estimation in the upcoming period. The report implements various elements to process the industry data. The global industry report presents the factors, such as gross margin, consumption, production, export, cost, growth rate, share, size and capacity utilization, impacting on the global Digital Twins Market. One of the key players of 2018 in the Digital Twins Market Report is Prodea Systems. Read the Full Report.
Finding harmony between the functionality, size, and security of IoT devices has proven to be a major hurdle. It will require a joint effort between consumers, industry, and state and federal governments, to solve the problem. Whirlpool is an example of an OEM that embarked on a joint venture in 2010 to connect their home appliances to the internet. This strategic move allows consumers to control and monitor their appliances remotely via a smartphone. They did this by partnering with a tech company Prodea to help them build the connected portion. Read the Full Report.
Digital twin is an emerging digital profile of a process or a physical product representing its functional and behavioral characteristics used for performance optimization. In the healthcare sector, the digital twin market will enable personalized healthcare delivery and efficient patient monitoring by leveraging data from associated IoT platforms. Implementing the technology for industrial applications can largely facilitate effective monitoring, tracking, and control of various industrial systems and processes digitally. With the ability of predicting future anomalies, digital twin market technology can aid in operational planning for the industrial applications resulting in time and cost savings. One of the key players […]
XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, announced at their annual Visioneering event today that Anousheh Ansari has been named as chief executive officer. Dr. Peter H. Diamandis will continue in the role of founder and executive chairman. “As I take on the helm at XPRIZE, I feel the same exhilaration as I did the day I was sitting in my capsule atop of my Russian Soyuz rocket – waiting impatiently to be launched into the infinity of the universe that I had dreamed about as a child, and in nervous anticipation […]
It’s a wrap! IBC 2018, RAI Amserterdam, the foremost annual event in the electronic media, entertainment and technology industry, has come to an end after 5 days of innovation and media highlights. There were over 1,700 exhibitors and more than 57,000 attendees hosted from 170 countries. Prodea’s VP of Business and Partnerships, Ivar Beljaars, was onsite for a first-hand perspective on all the excitement. “Voice is definitely changing the user experience. Advances in machine learning and speech recognition creates a simpler and richer way to access content,” said Ivar Beljaars. “We are now filling our homes with smart technology which […]
Global Digital Twins Market is accounted for $2.37 million in 2017 and is expected to reach $39.39 million by 2026 growing at a CAGR of 36.6% during the forecast period. Factors such as increasing adoption of IoT and Cloud platforms, predominant usage of Industrial Internet-of things (IIoT) for design and manufacturing are favoring the market growth. Some of the key players in the Digital Twins Market include Prodea Systems. Read the Full Report.
Earlier this year Coriant rolled out their Multi-Sided Platform (MSP) partner program that is focused on helping operators around the world empower new revenue-generating services with disruptive innovation in key emerging areas, including 5G, IoT, and the Industrial Internet. Coriant is working with innovators like Prodea for IoT and Affirmed Networks for 5G, for example, and they are aggressively taking these solutions to markets around the world, including in India and Asia. “This MSP partnership gives us the ability to offer our India customers a carrier-grade IoT platform like Prodea’s IoT Service X-Change, which is built upon patented technology and […]
The Internet of Things (IoT) is growing much as a necessity than a technology. The adoption of IoT over the globe is increasing at a prominent rate. IoT middleware is a software that is used as an interface between the components of IoT and to establish communication between the IoT components. Prodea’s Arrayent Platform was included as key player involved in the IoT Middleware market. Read the Full Report.
We sat down with Prodea’s VP Marketing, Peter Radsliff, to get his thoughts on connected products and the IoT cloud after he spoke at the HardwareCon conference. Q.There is a sense that connectivity and cloud storage have become commodities. How are cloud platforms differentiating themselves and adding value for their customers? Radsliff: IoT platforms would do well to refocus their efforts on activities that help their customers monetize IoT. This means no less than an entire retooling away from only producing technology building blocks and towards enabling valuable end-user services. Sometimes that means guiding customers towards services that will have […]
ITU celebrated the annual World Telecommunication and Information Society Day (WTISD) Thursday at the ITU headquarters in Geneva, Switzerland with an impressive ‘AI-powered Moonshots’ panel discussion that showcased the experiences of leading women space explorers. “With everything at our fingertips, it is possible to create a beautiful future,” stated Anousheh Ansari, an Iranian-American engineer and co-founder and chairwoman of Prodea Systems while addressing the event. Read the Article and Watch the Interview